£425,040
This estimated value is based upon the latest sale price for the house of £74,950 on 5 May 1995. This value is then adjusted by the current Official House Price Index for THURROCK 1
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
| Price Paid | Date |
|---|---|
| £74,950 | 5 May 1995 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for THURROCK to estimate the market value.
When this house was purchased in May 1995 the House Price Index for THURROCK was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £74,950 results in an estimated price of approximately £425,040.
| 5 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.098 % | £74,950 | £350,090 | £425,040 |
The Postcode Pricing Model uses changes in average sales price within the RM15 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 539.738 % | £404,533 | £479,483 |
| 3 Month Average | 518.254 % | £388,431 | £463,381 |
| 6 Month Average | 512.269 % | £383,945 | £458,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £373,227 | £365,000 | 4 MAR ROAD |
| 8 Sep 2023 | £449,918 | £440,000 | 3 GARTH ROAD |
| 27 May 2022 | £564,712 | £550,000 | 10 GARTH ROAD |
| 10 Jan 2022 | £357,817 | £337,500 | 17 REDWOOD CHASE |
| 16 Dec 2021 | £254,889 | £236,160 | 1 MAR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowan Way |
| Oct 2024 | Robbery | Under investigation | On or near Garth Road |
| Jul 2024 | Other crime | Action to be taken by another organisation | On or near Nursery Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Mar Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mar Road |